Retail giants aim to go the extra mile June 2, 2015 Online demand is moving retail sheds closer to town THE BOOM in online retailing has created a scramble for small plots of land close to city centres that can be used as nimble distribution hubs for the click-and-collect generation. Vast 500,000 square feet to 1m sq ft warehouses at the heart of the countryside were [...]
Morrisons the only “big four” supermarket in growth June 2, 2015 Is this a case of too little too late or the beginning of a turnaround? Morrisons was the only one of the “big four” supermarkets to grow over the last 12 weeks, according to latest figures by Kantar Worldpanel. The supermarket, which this week faces demotion from the FSTE 100, managed a sluggish 0.1 [...]
Morrisons to fall from FTSE 100 as investors leave it on the shelf June 1, 2015 MORRISONS is facing relegation from the FTSE 100, after being earmarked for demotion by the stock market’s committee. The supermarket, whose share price has fallen more than 15.5 per cent in a year, is the company “nearest to the 111th threshold” to enter the FTSE 250, the London Stock Exchange said yesterday. Satellite network operator [...]
Troubled grocer Morrisons set for FTSE 100 demotion June 1, 2015 Morrisons is facing relegation from the FTSE 100 this month, having been earmarked for demotion by the stock market's committee. The troubled supermarket, whose share price has fallen more than 15.5 per cent in a year, is the company “nearest to the 111th threshold” to enter the FTSE 250, the London Stock Exchange said [...]
Morrisons may face revolt over Dalton Philips’s £3m pay package May 31, 2015 Morrisons is expected to clash with shareholders this week over the supermarket’s ousted chief executive Dalton Philips £3m pay package. Philips was forced to step down in February, after failing to halt the decline in sales at the grocer during his five years in charge. He walked away with a £1.1m payoff, as well as [...]
Fighting forward: The Black Farmer’s Wilfred Emmanuel-Jones talks sausages, political incorrectness and willpower May 31, 2015 Being an entrepreneur is all about timing. You can have the best-laid plans in the world, a huge amount of skill, but it’s really about catching the zeitgeist.” This is Wilfred Emmanuel-Jones’s opening line to me. After a brief pause, he adds, “life is also all about timing”. This is something the founder of [...]
Golf Comment: On this sublime form, Rory could win the year’s other three Majors May 18, 2015 AT THE start of every year Rory McIlroy jots down his targets for the season on a piece of paper, folds it up and puts it away in his wallet. Whatever he set himself in January, he ought to up it on current form. With a swing like his, McIlroy could win every week. I [...]
Three things to expect from the M&S full-year results on Wednesday May 18, 2015 If City analysts are anything to go by, this Wednesday could be a good one for Marks & Spencer's chief executive Marc Bolland. The troubled high street giant is forecast to post its first full-year rise in profits for four years. M&S has invested billions of pounds trying to improve the 798-strong store portfolio, up [...]
Records tumble as Rory McIlroy claims Quail Hollow win May 17, 2015 WORLD No1 Rory McIlroy carded a final-round 69 to storm to a record-breaking victory at the Wells Fargo Championship at Quail Hollow in North Carolina last night. Four-time Major winner McIlroy failed to repeat the heroics of his stunning round of 61 on Saturday but finished on a staggering 21 under par for the tournament, [...]
Galliford Try wins £55m of school projects May 7, 2015 GALLIFORD Try said yesterday that it has won two new contracts in the education sector worth up to £55m. The FTSE 250’s construction business Morrison Construction will refurbish four primary schools in Scotland after being appointed preferred bidder by Moray Council. Its building business has also won a £38m contract in Hull and East Riding [...]